Forex
The USDJPY approaches the target – Analysis - 18-06-2020
2020-06-18 04:30:49 GMT
(Economies.com)
The USDJPY pair resumed its negative trades clearly to approach our waited target at 106.44, falling under continuous negative pressure coming by the EMA50, to support the chances of breaking the mentioned level and open the way to extend the bearish wave on the short term basis, noting that the next target reaches 105.20.
Therefore, we suggest the domination on the bearish trend in the upcoming sessions unless the price rallied to breach 107.68 and hold above it.
The expected trading range for today is between 106.00 support and 107.50 resistance
The expected trend for today: Bearish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1836
|
0.0126
|
1.0777%
|
|
|
|
|
1.3100
|
0.0085
|
0.6523%
|
|
|
|
Tadawul
|
7499.97
|
10.08
|
0.13%
|
|
|
|
|
28.598
|
4.351
|
17.942%
|
|
|
|
|
41.835
|
1.400
|
3.462%
|
|
|
|
|
45.04
|
-0.06
|
0.13%
|
|
|
|
|
2062.210
|
92.855
|
4.715%
|
|
Live Forex Updates
2020-08-07 12:40:45 GMT
2020-08-07 12:39:02 GMT
2020-08-07 12:36:48 GMT
2020-08-07 12:35:02 GMT